Borr Drilling Ltd (NYSE: BORR) is -27.03% lower on its value in year-to-date trading and has touched a low of $5.03 and a high of $7.32 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BORR stock was last observed hovering at around $5.21 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $5.17, the stock is -4.60% and -9.24% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.43 million and changing -0.77% at the moment leaves the stock -14.26% off its SMA200. BORR registered -24.89% loss for a year compared to 6-month gain of -3.37%. The firm has a 50-day simple moving average (SMA 50) of $5.7152 and a 200-day simple moving average (SMA200) of $6.15805.
The stock witnessed a -10.55% loss in the last 1 month and extending the period to 3 months gives it a -21.66%, and is -3.72% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.47% over the week and 2.84% over the month.
Borr Drilling Ltd (BORR) has around 2869 employees, a market worth around $1.30B and $918.00M in sales. Current P/E ratio is 19.49 and Fwd P/E is 5.56. Profit margin for the company is 8.15%. Distance from 52-week low is 2.77% and -29.38% from its 52-week high. The company has generated returns on investments over the last 12 months (2.72%).
The EPS is expected to grow by 475.56% this year.
Borr Drilling Ltd (BORR) Top Institutional Holders
The shares outstanding are 252.58M, and float is at 233.75M with Short Float at 4.34%.
Borr Drilling Ltd (BORR) Insider Activity
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